Tuesday, July 1, 2014

JPMorgan CEO Jamie Dimon Diagnosed With Throat Cancer

Dimon says his prognosis is “excellent, the cancer was caught quickly, and my condition is curable.”



AP Photo/Richard Drew


Jamie Dimon has throat cancer.


The chief executive officer and chairman of JPMorgan Chase told shareholders and employees in a statement Tuesday that he was diagnosed with the illness. Dimon said the cancer was "confined to the original site and the adjacent lymph nodes on the right side of my neck" and that there was "no evidence" of the cancer spreading throughout his body.


He said in the letter to shareholders and employees that his chemotherapy treatment will take eight weeks and will restrict his travel, but he will be "actively involved in our business, and we will continue to run the company as normal."


"The good news is that the prognosis from my doctors is excellent, the cancer

was caught quickly, and my condition is curable," Dimon said.


Dimon is 58 and has been CEO of JPMorgan since 2006.


Dear Colleagues and Shareholders -


I wanted to let you know that I have just been diagnosed with throat cancer.

The good news is that the prognosis from my doctors is excellent, the cancer

was caught quickly, and my condition is curable. Following thorough tests that

included a CAT scan, PET scan and a biopsy, the cancer is confined to the

original site and the adjacent lymph nodes on the right side of my neck.

Importantly, there is no evidence of cancer elsewhere in my body.


My evaluation and treatment plan are still being finalized, but at this time

it appears I will begin radiation and chemotherapy treatment shortly at

Memorial Sloan Kettering Hospital, which should take approximately eight

weeks. While the treatment will curtail my travel during this period, I have

been advised that I will be able to continue to be actively involved in our

business, and we will continue to run the company as normal. Our Board has

been fully briefed and is totally supportive.


As you all know, we have outstanding leaders across our businesses and

functions – the best team I've ever had the privilege of working with – so our

company will move forward together with confidence as we continue to deliver

first-class results for our customers, communities and shareholders.


I feel very good now and will let all of you know if my health situation

changes.


I appreciate your support and want to thank our employees for the amazing work

they do day-in and day-out. I'm very proud to be part of this company and

honored to be working with such an exceptional group of people.


Jamie




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